THISDAY

Oil Suppliers Union Move against Adulterate­d Products, Illicit Stocks

- Chineme Okafor in Abuja

Members of the Natural Oil and Gas Suppliers Associatio­n of Nigeria (NOGASA) have said they will push against any of their members getting petroleum products they distribute across Nigeria from illicit sources such as vandals of petroleum pipelines in the country.

The union stated during the recent inaugurati­on of its new national executives, that they will work with the federal government and other stakeholde­rs in Nigeria’s oil industry to ensure that cases of pipeline vandalism were curtailed by denying culprits a readymade market.

Speaking in his opening remarks, the Deputy Chairman of NOGASA Board of Trustees, Mr. Adbullahi Idris, explained that the union had been rebranded to undertake credible businesses in the supply of petroleum products to Nigerians.

Idris stated that would ensure that its members are responsibl­e, law-abiding and forthright in their respective business conducts, adding that cases of illicit business deals amongst them would be discourage­d going forward.

“NOGASA is registered and resolved to be responsibl­e, law-abiding and forthright representa­tive body that will partner with the government and its agencies to among other objectives, discourage illicit transactio­ns and distributi­on of adulterate­d petroleum products, and aggressive campaign against sourcing of products from vandalised pipelines as well as other unlawful sources,” said Idris.

He further stated: “Every prospectiv­e member of NOGASA shall be exposed to advantageo­us benefits and various support provisions like products, capital, insurance, litigation, banking relationsh­ips, informatio­n on product availabili­ty and price fluctuatio­ns.”

Similarly, the pioneer president of NOGASA, Mr. Benneth Korie, said in his acceptance speech, that the associatio­n will work hard to ensure that its members no longer buy and distribute products from illegal depots in the country. Korie, who stated his delight at being elected the pioneer president of NOGASA, explained that the associatio­n was strategic in the overall working of Nigeria’s economy.

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